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India s current account deficit drops to $18 2 billion in October-December

As a percentage of GDP, October-December current account deficit is 2.2 percent compared to 3.7 percent in July-September and 2.7 percent in October-December 2021

Aditi nayarPetroleum planning analysis cellReserve bankPetroleum planningAnalysis cellCurrent account deficitCurrent account balanceTrade deficitBalance of payments

BSP sees smaller dollar deficit in 2023 as global headwinds persist

The Philippines would likely post a smaller dollar deficit this year, the Bangko Sentral ng Pilipinas said.

Bangko sentralBalance of paymentsPhilippine economy

Bangladesh s trade deficit narrows 29% in first seven months of FY23

Bangladesh s trade deficit narrows 29% in first seven months of FY23
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International monetary fundTrade deficitCentral bankBalance of paymentsCurrent account balanceCurrent account deficit

Pakistan s CAD falls by a significant 78%

Indicates that situation over balance of international payments is under control

Jameel ahmedInternational monetary fundState bankKuwait investment company headResearch samiullah tariqExpress tribuneBalance of payments

Budget Cuts Would Not Harm the Economy

Some worry that reducing the budget deficit with budget cuts too rapidly might further weaken the recovery. These concerns are misplaced.

United statesCongressional budget officeDefense departmentPresident bushPresident obamaBudget cutsCongressional budget officeEconomic growthBalance of paymentsPayroll tax

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